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? and elizabeth warren is the new sheriff in town. all that and rachel maddow joins us tonight. buckle up. this is "the ed show." let's get to work. just like the meteor slamming into russia, elizabeth warren is already banging heads in the senate. >> the question i really want to ask is about how tough you are. >> we'll show you how the new sheriff of wall street is outclassing her fellow freshmen, and how the new cop on the beat means trouble for big banks. >>> ten years after george w. bush dragged the country into war in iraq, and explosive new documentary narrated by rachel maddow details the trail of deception like never before. rachel joins me to preview the film tonight. >>> plus, the big congressional panel on john boehner's decision to go on vacation before we go off another cliff. >>> it was the biggest meteor blast in 100 years. so how did we know about an asteroid the size of a swimming pool but not a meteorite the size of a house? good to have you with us tonight, folks. thanks for watching. progressives finally have something to be hopeful about when it comes to congress. n
. >> the question i really want to ask. >> i want to get to elizabeth warren. >> is about how tough you are. >> is her debut on the senate banking committee. >> pretty comfortable. >> can you identify when you last took the wall street banks to trial? >> they couldn't answer. >> i will have to get back to you. >> we have not had to do it -- >> folks, that is bs. >> don't have much incentive to follow the law. >> ezra klein holds out there are calling for bankers to go to jail. >> this is what she knows best. this was her moment. >> that is why she was sent to washington. >> also gets a triple a rating from standard employers. >> the weirdest thing happened in the days after the state of the union. my colleagues in the press, they watched the exact same speech i watched, i think. they heard the same policies i heard and a lot of them walked away saying kind of, nothing new here. the headline in the national journal was nothing big or bold about obama's state-of-the-union address, nothing big or bold. really? i had exactly the opposite take, i thought president obama's state of the union was
it mean anything good for the united states? we'll find out. >>> plus, senator elizabeth warren makes a splash during her debut hearing on the hill, taking the big banks to task. you're watching "the daily rundown," only on msnbc. so you say men are superior drivers? yeah. then how'd i get this... [ voice of dennis ] driving bonus check? every six months without an accident, allstate sends a check. ok. [ voice of dennis ] silence. are you in good hands? [ voice of dennis ] silence. we asked total strangers to watch it for us. thank you so much. i appreciate it. i'll be right back. they didn't take a dime. how much in fees does your bank take to watch your money? if your bank takes more money than a stranger, you need an ally. ally bank. your money needs an ally. >>> today, a deep dive into the growing political crisis in iran, one that pits the two most powerful men in that country against each other, and will determine iran's direction for years to come. on the surface, it's good news for america and its allies that preside president mahmoud ahmadinejad is on his way out. he'
and he's actually admitting it. and those screams you hear are coming from wall street. elizabeth warren gets to work and it's explosive. >>> nothing says changs like carl "meltdown" rove. bik show coming. stay with us: >>> have you joined the "politics nation" conversation on facebook yet? we hope you will. the committee hearing was a big hit. donna says there's a new sheriff in town. jane says she is what we needed for so long. jay says this is why i contributed to her campaign, even though i live in georgia. we've got more on warren and why wall street is scared already coming up later. but, first, we need you to come share your thoughts. please head over to facebook and search politics nation and like us to join the conversation that keeps going long after the show ends. humans. even when we cross our t's and dot our i's, we still run into problems. namely, other humans. which is why at liberty mutual insurance, auto policies come with new car replacement and accident forgiveness if you qualify. see what else comes standard at liberty mutual insurance. responsibili
to elizabeth warren. i don't know if you guys saw this. did you see this? >> yeah. the s.e.c.? >> i don't know if it's just me. >> mika, was she on the cruise ship yesterday? >> no, but the banking regular -- >> because if she did anything yesterday, i certainly wouldn't have seen it unless she was on the cruise ship. if i were watching cnn. >> let's put it this way. the banking regulators that she was grilling actually wished they were on that cruise ship. and on it for ten more days. >> really? >> yes, after she was done with them. >> wow! i guess i should have switched channels. all right. let's see what happened yesterday. >> this is senator elizabeth warren. pretty comfortable during her debut yesterday on the senate banking committee. she just had a few questions for the nation's bank regulators, direct questions. they couldn't answer. take a look. >> can you identify when you last took the wall street banks to trial? >> i will have to get back to you with the specific information. >> anyone else want to tell me about the last time you took a wall street bank to trial? you know, i just w
to sequestration. we'll ask barney frank and some very harsh words that senator elizabeth warren had to say at a hearing on capitol hill, i have a feeling that he'll echo some of what she said. >> and also is the u.s. dollar dying? some say yes and is the fed to blame? former federal reserve chairman alan greenspan joins me. >> and gold, why is it not glittering, a big down week. we'll get some info later from the ceo of gold corp later on "closing bell." at fidelity, we do it by merging two tools into one. combining your customized charts with leading-edge analysis tools from recognia so you can quickly spot key trends and possible entry and exit points. we like this idea so much that we've applied for a patent. i'm colin beck of fidelity investments. our integrated technical analysis is one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. [ male announcer ] with citibank it's easy for jay to deposit checks from anywhere. [ wind howling ] easier than actually going to the bank. mobile check deposit. easier banking. standard a
. while elizabeth warren has that seat now in washington. elizabeth warren made her debut this week at the banking committee that wall street was so eager to keep her from joining. her first round of questioning, she was questioning some bank regulators, demanding to know why no wall street banks ever end up on trial when they break the law. that round of questioning has already become as much as a viral sensation as might be possible for a round of banking committee questioning. spontaneously, i should note in the moment when she was asking those questions of the bank regulators about why banks never end up on trial when they break the law, she earned a round of applause in the committee room from people who were there watching. but even though this was elizabeth warren's first committee hearing, and she has only been there since last month, senator warren is now the senior senator from massachusetts. because the other senate seat from massachusetts also opened up in the middle of a term when long-time senator john kerry was sworn in as our nation's new secretary of state. so the j
this opportunity. i want to give you something while i am here. our biggest success was elizabeth warren. i got you an elizabeth warren wing of the democratic party magnet on your filing cabinet. >> i love that. isn't that cool. i am a huge -- who is not a huge elizabeth warren fan? >> scott brown >> bill: scott brown. talk about somebody who is ready, we all said marco rubio showed he is not ready for prime time. she is. she was from the beginning. she ran an incredible campaign. you guys, i remember you were behind her early, early, early on. >> next to rand we raised her $100,000 before she decided to won. she was able to higher staff, get in office and do what she needed to do. proud of her. >> that's awesome. >> bill: i think she proved to be one hell of a candidate. really. she is going to be a great united states senator. i can't wait. she is on the banking committee. isn't she? >> she is. it will will be great to see her with wall street bankers. >> i am excited. i here she serves up a wonderful grilled wall street banker. >> bill: i had the fun
elizabeth warren took the whole country to econ 101 this week. >> happy anniversary to you, melissa, and the producers of the show. one year of information and inspiration. we love it. keep it going. hmm, we need a ne. ♪ that'll save the day. ♪ so will bounty select-a-size. it's the smaller powerful sheet. the only one with trap + lock technology. look! one select-a-size sheet of bounty is 50% more absorbent than a full size sheet of the leading ordinary brand. use less. with the small but powerful picker upper, bounty select-a-size. use less. with the small but powerful picker upper, what do we do when something really wants to be painted? we break out new behr ultra with stain-blocker from the home depot... ...the best selling paint and primer in one that now eliminates stains. so it paints over stained surfaces, scuffed surfaces, just about any surface. what do you say we go where no paint has gone before, and end up some place beautiful. more saving. more doing. that's the power of the home depot. behr ultra. now with advanced stain blocking, only at the home depot, and only
too big for trial. stuart: that's interesting, that's elizabeth warren, a lot to do with financial regulation, she's now a senator from massachusetts and she's-- i think that's a populous approach to take. >> and thinking that it's a conservative, true conservaaive first principles of capitalism approach. interesting coming out of senator warren. she's essentially saying that the bankers are too big to jail and also too big to manage and too big to fail and she doesn't like that and she's saying possibly, what i'm reading into what she's saying, bankruptcy should have been the course for breaking up the banks when they start today collapse in 2008. break them up and make them for productive down the road. >> i think though that that message, jail a bank executive or two was maybe popular. i'm saying it's a populous approach and that may be politically popular whether they've broken the law or not is a different story, this this is politics and i say it's popular. >> now what, it was very difficult to jail any of these bankers because there was an account be fraud that was very diff
going to budge and point to newly elected democrats. massachusetts senator elizabeth warren ran ads saying i will never cut medicare. chairman newsle knows you can't get the deal unless you have some call them what you will, cuts, big changes in the programs. you have people on the left saying we'll never do that they think if they have the sequester they can blame republicans, republicans are lower on the notch of public opinion. not that democrats are particularly high. the republicans are a little bit lower. there are some republicans who say this is our only leverage over the president. our only leverage is to have a calamity like this happen so he has to come to the table and cut a bargain. is that a majority of opinion in both parties? probably not. are there strong opinions? yes, there are. >> republican senator, saxby chambliss announced his retirement saying this is about frustration, a lack of leadership from the white house and the dearth of meaningful action from congress, especially on issues that are the foundation of our nation's economic health. senator chambliss bro
elizabeth warren of massachusetts taking what you're calling a silent approach on capitol hill. what do you mean by that? >> well, and this is really smart. this is the approach that senator clinton of new york took when she got here, senator al franken of minnesota. these high-profile personalities who come into the senate where the other senators really don't care how famous you are. and they just care about seniority. so senator warren, surprisingly and very smartly, kept an extremely low profile, doing very few interviews, very little national media focusing on massachusetts media. even if you want to grab her in the hall and in the capitol, you have this great tradition where a lot of senators will stop for you, give you a quick quote. she won't stop. she told our reporters the other day when they tried to get a quote from her, she said, i'm walking right now. so she's focused on massachusetts. she's done a gun-control event with boston mayor thomas menino. doing a tour after nemo with the governor. one exception, when aig was dumbly thinking of suing the government, she came out and b
is the latest in the foreign. elizabeth warren argued, and i think in some ways correctly that one of the issues of the financial crisis on earth is that a lot of people applied for subprime loans without understanding what it cost them. they were misled by rates were poor documentation or bad disclosure. this is one of the things that congress did try to correct. that very same principle, hiding from us the cost of our action is the foundation of our health care system. and let me talk about a second woman, her name is becky and she's a 23 '02 just out of work for my company. so in the book come in here i'll talk about what health care is going to cost becky. like most people in america by keeping some else's magically paying for her health care. becky issue successful. she probably will be. she's an extraordinary capable sales assistant about to be promoted to sales woman, and she probably will be very successful. becky thinks she's going to get to the top 1% of income. she also thinks she can never afford health care on her own. now, it's really a problem if the system is such that even someo
months ago lost his seat in the senate to democrat elizabeth warren, lost his seat, turns out he is not running, we know that because he said that in this text message, because that is what he is like. also, former massachusetts governor bill weld is not running, possibly because of his own previous memoryies on the rn for the senate seat, that was followed by bill weld running for governor again in a different state, he ran for governor in new york after he lost the massachusetts senate race and lost the governor's race, as well. bill weld, also not running this time, and scott brown, not running, tag romney, one of the romney sons. the boston herald floated that idea after the father lost, tag will not be running, and neither will be a gay republican former state legislator who lost to state race this year, and neither will be mitt romney's lieutenant governor who lost the role for governor herself, after mitt romney left to run after a decade. also, fox news, he said he was going to run, now he is not, even though that might have been amazing. . psychic twins, dr. keith will n
freshman elizabeth warren from massachusetts who she's listening. she's not grandstanding. she's not making reckless accusations. she's trying to become a responsible member of the united states senate. but that's not the way the tea party rolls, martin. you know, and ted cruz is a tea party guy. so this is -- he is the fruit of a movement that in some ways has burned itself out but we still have a few of them around -- >> but it's also burning out this country, isn't it? >> that's what -- just to get back to my earlier point, the president has to engage in full political combat on this and not -- yes, if he can get it through and cobble together five votes to break the filibuster and not break too much china, that's fine, but if he can't, if we get to a situation where this nomination is truly in limbo and it is hurting the united states, then he he has to go to the public and go after the obstructionists and he's already in the last few weeks of his second term, he has begun to be more confrontational. he needs to continue on that path. >> dana, does it seem remarkable to you that he's on
. >> elizabeth warren doesn't appear to be softening attack on big banks. what is wall street reaction going to be to this? neil, why don't you start in this is your neck of the woods as well as kayla's. >> i think this is a bigger sort of trend going on here. i think both parties are seeing that there is some traction they can get. this is a populous view. an anger in the country that bankers have gotten off too easily. and also a real legitimate policy question when you look at the fact that very often these sort of agreements that bankers have had have allowed them to pay a relative small portion of what they have actually earned from doing things that it turns out are either illegal or are against rules and regulations. so the question is, are you in this way encouraging bad behavior and resit vows behavior? >> kayla, we shouldn't be surprised, she is playing to mainstream more than ever before. >> when she got elected last year, wall street knew she would come out guns blazing. yesterday was that materializing. in most case the federal government has five-year statute of limitations to
to this description of this hearing, this is exactly what we knew we were getting with elizabeth warren. scolds u.s. regulators for settling cases. looking at the seven regulators, knowing she often sat at the same witness table before coming a senator she said the question i really want to ask is about how tough you are. give me the raft two times you have taken the financial institutions oh trial. a handful of supporters burst into applause, but none of the witnesses offered a response. anybody? anybody? >> sounds like they're not doing their job. >> she did the harvard professor look over her glasses. republicans had been expected to attack the government agency whose creation warren championed, but the republicans without explanation held back, clearing the path for her to take the spotlight. they were ascared. she made their nut sack ascend. that's republicans around elizabeth warren. >> what you are doing? stephanie: how do i get these back down. >> where did they go? stephanie: i like the who's in whoville. republican nut sack. >> we are here, we are here. stephanie: if a party is unwillin
the elizabeth warren wing. phil backert's got the phones. cyprian boldting, our videographer on the video cam this morning. president obama is on the road -- was on the road yesterday. he will be on the road again today to decatur georgia. then on friday, he will go to chicago and then down to west palm beach florida where he's going to spend the weekend. but yesterday in asheville north carolina, one of our favorite spots on the entire planet. >> one of his favorite spots too. >> bill: yes indeed. he was there talking about manufacturing, visiting a plant a canadian company which located a manufacturing plant here in the united states. and the president saying, you know, this is what we need to bring jobs back to this country. >> obama: i believe we attract new jobs to america by investing in new sources of energy and new infrastructure and the next generation of high wage high tech american manufacturing. i believe in manufacturing. i think it makes our country stronger. >> bill: we've got to get our manufacturing base back. right now, the only thing we make i think in this country really a
the same no super pac pledge that senator elizabeth warren and scott brown signed when running for office last year. representative steven lynch and ed mary are agreeing to discourage you said groups from campaigning on their behalf. while the agreement is neither legally binding nor enforceable it stipulates if a third party airs and ad in favor of one candidate, the candidate then has to pay half the cost of that ad to the opponent's charity of choice. they are encouraging any republicans to sign on to that agreement, as well. so far, two possible candidates have popped up on the republican side an gabriel gomez and dan winslow. they need 2,000 signatures apiece to get on the ballot. the primary would be april 30, the special election june 25. harry reid has started the confirmation for chuck hagel. sixty votes are needed to avoid a filibuster. despite republican opposition, it looks like reid may get what he needs. others have said they will at least vote the end a filibuster. we are back after the break. stick around. billy zane stars in barabbas. coming in march to reelz. to find r
senator elizabeth warren of massachusetts, thomas curry, about prosecuting big banks when they break the law. here's a portion of the event. >> thank you very much, mr. chairman. thank you, ranking member. it's good to be here. thank you all for editing. i sat what he said. it's harder than look so i appreciate your being you. i want to ask a question about supervising banks when they break the law. including the mortgage foreclosure of others as well. we all understand why settlements are important, that trials are expensive and we can't dedicate huge resources to them. but we also understand that it's a party is unwilling to go to trial, either because it's too timid are because they lack resources, that the consequence is that a lot less leverage in all the settlements that occur. now, i know there's been some landmark settlements but we face a very special issues with big financial institutions. they can break the law and dragon billions in profits. and then turn around and settle, paying out of those profits. there isn't much incentive to follow the law. it's also the case, not
by elizabeth warren under president obama actually function because it would keep them, quite frankly, from being able to get their money from all their donors on wall street. and they do not want to lose the people who helped them out. so they want to make sure that the consumer suffers so that they can gain politically. it's a good one. take a look at it. coming up -- >> we're also going to talk about nancy pelosi saying we don't have a spending problem, and the problem with medicare is not medicare. we've got a lot to talk about straight ahead. >> gail collins of "the new york times" joins us straight ahead. >> she's got a great column. >> i love it. you're watching "morning joe" brewed by starbucks. humans. even when we cross our t's and dot our i's, we still run into problems. namely, other humans. which is why at liberty mutual insurance, auto policies come with new car replacement and accident forgiveness if you qualify. see what else comes standard at liberty mutual insurance. responsibility. what's your policy? >>> coming up next, breaking news out of the vatican
and elizabeth warren, is that a positive for you or not >> banks are going to trade less over the time. banks with low interest rates are making a bundle. your deposit, my deposits are in the bank with no interest rate. that's good for the banks. what you'll see these traders going to hedge funds. other kind of firms. you know, they are going to do business. high frequency trading firms, these kind of firms will do better and better and better and you're going see volumes maybe be a little more democratic, big banks do great and make great money. but i think the democratic nature of trading will spread it all out and that's going great for business. >> you had some comments recently on the fiscal cliff on the way congress is appearing to settle into a new way of doing work, leaping from crisis to crisis spapt big risk? >> it's got to be. the world is different today. you got the republicans in the house and those republicans were elected to control the house the same day that president obama was elected to control the white house. and they are going to cross their arms and they are not going
Search Results 0 to 49 of about 50 (some duplicates have been removed)